IRS warns crypto holders fraudster sending fake letters in attempt to steal digital assets or data: Bloomberg
The Block·
60-second summary
The IRS is warning crypto holders about a new phishing scam where fraudsters send fake letters claiming to be from the agency, attempting to steal digital assets or sensitive data. These fake letters are becoming increasingly sophisticated, mirroring the IRS's legitimate correspondence regarding crypto disclosure requirements, and are a growing concern for the crypto community.
IRS correspondence regarding crypto has become more familiar than in years past as the agency requires taxpayers to disclose activity.